Tag Archive for: roth ira

Congress Considers Major 401(k) Changes For 2026: What High Earners Should Know

Recent reports indicate that Congress is reviewing proposals that may adjust contribution limits, tax benefits, and eligibility rules beginning in 2026. The uncertainty is prompting many investors to revisit their retirement strategies sooner rather than later.

Major 401(k) Tax Break For Certain Earners Is Coming To An End

The IRS has issued final regulations for a 2022 law, which will require high-earning workers aged 50 and up to make pre-tax catch-up contributions.

When Does A Roth 401(k) Make More Sense?

While both Roth and traditional 401(k) contributions offer benefits for retirement savings, there are important differences between the two, and in some cases, one might be more advantageous than the other.

Answers To 15 Common Tax Questions

This is the time of the year people are searching for free tax help they can trust, trying to squeeze out more valuable deductions, hoping to avoid penalties or audits, eagerly awaiting their refunds or wanting to make sure they aren’t victims of tax scams. Read on for answers to the most common tax questions.

Secure 2.0 Act: Americans Will Be Able To Make Tax-Free Transfers Of 529 Plan Funds To Roth IRAs

Beginning in 2024, the Secure 2.0 Act will allow people to make tax- and penalty-free rollovers from 529 plans into a Roth IRA. To qualify for the transfer, the 529 plan must have been open for at least 15 years. CLICK ON THE HEADLINE FOR MORE

Roth IRA: Pay the IRS Now for a Tax-Free Retirement. Here’s How It Works

The last thing you want is to get hit with a giant tax bill when you’re transitioning into retirement. Learning about the tax advantages of a Roth IRA now can help you build your retirement plan for the future. CLICK ON THE HEADLINE FOR MORE